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(MHLXMIRU) Mahalaxmi Rubtech complete technical analysis [charts+indicators] | Buy/Sell Mahalaxmi Rubtech | (MHLXMIRU) share price targets

Complete technical analysis of Mahalaxmi Rubtech (MHLXMIRU) by charts plus indicators, forecast predictions and share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Showing technical analysis as on 2024-10-15 View latest technical analysis

10 day averaged volume of Mahalaxmi Rubtech is 7957

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	165.61	170.73	170.75	160.25	1.01 times
14 Mon Oct 2024	166.64	166.14	171.07	166.10	0.663 times
11 Fri Oct 2024	167.05	169.61	171.50	166.10	1.401 times
10 Thu Oct 2024	170.56	168.87	173.99	168.00	1.534 times
09 Wed Oct 2024	165.09	163.35	166.87	159.92	0.874 times
08 Tue Oct 2024	159.41	157.00	164.00	152.00	0.664 times
07 Mon Oct 2024	153.36	163.47	164.77	150.60	1.219 times
04 Fri Oct 2024	162.93	166.00	166.00	159.01	1.7 times
03 Thu Oct 2024	164.67	164.92	168.40	163.57	0.839 times
01 Tue Oct 2024	165.66	170.00	170.00	165.00	0.446 times

My analysis of stock is bearish for shortterm, and stock might move down till 161.9 or till 157.4. Use a stoploss of 165.64 and if the stock hits stoploss, then it can shoot up till 169.38

Share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Target	150.60
Downside Target	159.01
Downside Target	164.05
Upside Target	174.50
Upside Target	175.99
Upside Target	178.85
Upside Target	185.50
Upside Target	185.60
Upside Target	208.34
Upside Target	225.00
Upside Target	233.59

Intraday share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Intraday Target	160.22
Downside Intraday Target	154.82
Upside Intraday Target	171.04
Upside Intraday Target	176.46
Upside Intraday Target	165.64

Weekly technical analysis of Mahalaxmi Rubtech (MHLXMIRU)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	165.61	166.14	171.07	160.25	0.294 times
11 Fri Oct 2024	167.05	163.47	173.99	150.60	1.561 times
04 Fri Oct 2024	162.93	170.00	170.00	159.01	0.38 times
27 Fri Sep 2024	167.97	168.99	174.50	164.05	1.671 times
20 Fri Sep 2024	168.29	175.99	175.99	164.25	1.039 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Mahalaxmi Rubtech (MHLXMIRU)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	165.61	170.00	173.99	150.60	0.364 times
30 Mon Sep 2024	165.95	174.00	178.85	164.05	0.176 times
30 Fri Aug 2024	173.33	202.00	208.34	167.00	0.955 times
31 Wed Jul 2024	197.58	202.81	233.59	185.60	3.683 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Mahalaxmi Rubtech (MHLXMIRU)

Price action analysis of Mahalaxmi Rubtech ( (MHLXMIRU) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mahalaxmi Rubtech ( (MHLXMIRU) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mahalaxmi Rubtech ( (MHLXMIRU) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Mahalaxmi Rubtech ( (MHLXMIRU) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Mahalaxmi Rubtech stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mahalaxmi Rubtech in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mahalaxmi Rubtech Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mahalaxmi Rubtech in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Mahalaxmi Rubtech is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 164.21 and Mahalaxmi Rubtech (MHLXMIRU) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Mahalaxmi Rubtech (MHLXMIRU) stock. Volume based technical analysis of Mahalaxmi Rubtech (MHLXMIRU) stock is negative.

Mahalaxmi Rubtech Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.